§ 1115. Assignment.

167 words·~1 min read·/pa/title-54/chapter-11/1115

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§ 1115. Assignment.

(a)General rule.-- Any mark and its registration under this chapter shall be assignable with the goodwill of the business in which the mark is used or with that part of the goodwill of the business connected with the use of and symbolized by the mark. Assignment shall be by instrument in writing, duly executed, and may be recorded with the department. A registrant may record an assignment to itself to reflect of record a change in the name of the registrant.

(b)Unrecorded assignments.-- An assignment of any registration under this chapter shall be void as against any subsequent purchaser for valuable consideration and without notice, unless it is recorded with the department not later than the earlier of:

(1)three months after the date of the assignment; or

(2)such subsequent purchase.

(c)Cross reference.-- See 15 Pa.C.S. § 134 (relating to docketing statement).

54c1115v

(Dec. 21, 1988, P.L.1444, No.177, eff. Oct. 1, 1989)

1988 Amendment. Act 177 added subsec. (c).

54c1116s